Monthly Security Updates
Third Federal is committed to keeping our customer data and systems safe and secure. Review the information below to learn how you can protect your identity and personal devices safe.
Protect Yourself & Loved Ones from Elder Fraud
Financial scams targeting older adults are on the rise. Learn about the common tactics scammers use so you can help protect yourself and your family.
Common Elder Fraud Scams
- Tech Support Scams: Fake “support” calls or messages asking for remote access.
- Grandparent Scams: Someone pretending to be a relative urgently needing money.
- Government Impersonation: Threats of fines or arrest unless you pay immediately.
- Sweepstakes & Charity Scams: Claims of prizes, donations, or fees to “collect winnings.”
- Home Repair Scams: Offers of repair work for payment upfront, but then no service delivered.
How to Stay Protected
- Avoid opening text or email attachments from unknown senders.
- Be cautious of unexpected calls, mail, or door-to-door sales.
- Don’t rush financial decisions - get details in writing and get a second opinion from a trusted source.
- Stay connected with trusted friends and family.
- Secure or shred financial documents.
- Verify credentials before hiring anyone.
- Use credit cards instead of cash to create a payment trail. Fraudulent charges are easier to resolve on credit cards due to better consumer protections under federal law.
If You Suspect Fraud
- Contact your bank or financial institution immediately.
- Speak with a trusted family member, friend, or your attorney.
- Report online scams to the FBI Internet Crime Complaint Center (IC3).
- For support on elder fraud issues: National Elder Fraud Hotline: 1-833-FRAUD-11
By following these tips, you can help protect yourself and your loved ones from scammers. Although no form of fraud protection is absolute, a combination of personal awareness and protective tools will make you as safe as possible.
Thank you for being a Third Federal customer.